C3.ai (AI) reported a fiscal Q2 non-GAAP loss late Monday of $0.06 per diluted share, narrowing from the loss of $0.13 a year earlier.
Analysts polled by FactSet expected a loss of $0.16.
Revenue in the three months ended Oct. 31 rose to $94.3 million from $73.2 million a year earlier.
Analysts surveyed by FactSet expected $91 million.
The company expects fiscal Q3 revenue of $95.5 million to $100.5 million. Analysts polled by FactSet expect $97.6 million.
C3.ai raised fiscal 2025 revenue guidance to the range of $378 million to $398 million from $370 million to $395 million. Analysts polled by FactSet expect $382.6 million.
Shares of the company jumped 16% in recent after-hours activity.
Price: 48.50, Change: +6.82, Percent Change: +16.36
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